The author is a Forbes contributor. The opinions expressed are those of the writer.

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Continued from page 2

Because investors are buying future dollar returns, policies implemented that seek to devalue those income streams would naturally coincide with sagging economies and underperforming stock markets. The good news is that it seems the long Bernanke nightmare is nearing its end, and with it a drawdown of a policy that was so inimical to growth.

The other irony in analyzing the Obama economy involves inequality. It can’t be stressed enough that wealth inequality is brilliant. If individuals are growing wealthy, they by definition are removing unease from our lives. To simplify what is simple, when the wealth gap grows, the lifestyle gap is shrinking as more and more people have advanced phones, air conditioning, high quality housing, life-saving drugs, etc. A rising wealth gap is a sign of a good economy, and the more of it there is, the better off we are.

The irony is that a rising wealth gap under Obama confirms that the economy has gotten better alongside Washington taking its eye “off the ball.” Despite this happy truth, Obama last week naively decried the wealth gap as something that should be reversed.

And there lies the problem. After unwittingly explaining why the economy has improved thanks to Washington having “taken its eye off the ball,” Obama scarily proclaimed that “I am here to say this needs to stop.” Voters should hope the President is only bluffing, that he’ll play golf for his remaining 1271 days in office.

Indeed, it’s when the President and Washington are trying to fix the economy that we all suffer. How about a permanent vacation for the White House and Congress?